Pagaya stock pops: What does the company do?

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Financial tech company Pagaya Technologies (PGY) raised its full-year for network volume, revenue adjusted EBITDA, causing the stock to close 13% higher on...

) raised its full-year for network volume, revenue adjusted EBITDA, causing the stock to close 13% higher on Thursday. But what does the company do? Pagaya CEO Gal Krubiner tells Yahoo Finance that the company is not a"B2C lender" saying they do not have direct engagement with the client. Rather they use a"B2B2C approach. We are working with banks. We are working with different lenders...

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